Decides whether to insure a person or business and at what price.
You review an application for a new restaurant's insurance, check its safety records, and decide on terms. Unusual risks, like insuring a famous athlete or a satellite launch, are a specialty.
BLS median (May 2024).
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in business, finance, or math; professional designations like CPCU.
Ways in: 4-year college, Certification. Training cost: $15k – $60k.
Majors to look at: Finance, Business, Mathematics.
Shrinking (about -4% over 10 years).
Medium risk in 5 years, high in 10. AI now prices and approves most standard policies automatically; underwriters remain mainly for big, unusual risks.
Classes: Statistics, Business, English composition.
Official data: O*NET occupation 13-2053.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.